Fee Structure
| Fee Component | Amount (INR) | Frequency |
|---|---|---|
| Tuition Fee | 150000 | Per Semester |
| Hostel Rent | 30000 | Per Semester |
| Mess Advance | 15000 | Per Semester |
| Student Benevolent Fund | 2000 | Per Semester |
| Medical Fees | 1000 | Per Semester |
| Gymkhana Fees | 1500 | Per Semester |
| Examination Fees | 2000 | Per Semester |
| Library Fees | 1000 | Per Semester |
| Other Charges | 5000 | Per Semester |
| Total | 200000 | Per Semester |
Fee Components Explanation
The fee structure for the MBA program at Sarvajanik University Surat is designed to be transparent and comprehensive. Each fee component is explained below to provide clarity to students and parents:
Tuition Fee: The tuition fee covers the cost of instruction, faculty salaries, and academic resources. It is the largest component of the fee structure and is charged per semester.
Hostel Rent: The hostel rent covers accommodation and maintenance costs for students staying on campus. The university provides well-furnished hostels with modern amenities.
Mess Advance: The mess advance is a pre-paid amount for meals during the semester. Students can adjust their mess charges at the end of the semester based on their consumption.
Student Benevolent Fund: This fund supports students from economically disadvantaged backgrounds and provides financial assistance for various needs.
Medical Fees: The medical fees cover healthcare services provided by the university's medical center.
Gymkhana Fees: The gymkhana fees support the university's sports and recreational activities.
Examination Fees: The examination fees cover the cost of conducting end-of-semester examinations and related activities.
Library Fees: The library fees support the maintenance and expansion of the university's library resources.
Other Charges: These charges cover miscellaneous expenses such as transportation, security, and administrative costs.
Hostel & Mess Charges
The university provides well-furnished hostels with modern amenities for students. The hostel charges vary based on the room type and amenities provided. The following table provides information on different room types and their charges:
| Room Type | Charges (INR) | Amenities |
|---|---|---|
| Single Occupancy | 25000 | AC, WiFi, TV, Study Table |
| Double Occupancy | 30000 | AC, WiFi, TV, Study Table |
| Triple Occupancy | 35000 | AC, WiFi, TV, Study Table |
| Four Occupancy | 40000 | AC, WiFi, TV, Study Table |
The mess charges are calculated based on the number of meals consumed during the semester. Students can choose from different mess options, including vegetarian and non-vegetarian meals. The university provides a detailed billing system to ensure transparency in mess charges.
Fee Waivers, Concessions, and Scholarships
The university offers various fee waivers, concessions, and scholarships to deserving students. The following eligibility criteria and benefits are provided for different categories:
SC/ST/PwD: Students belonging to SC/ST/PwD categories are eligible for a 50% concession on tuition fees. The concession is applied automatically upon verification of documents.
EWS: Students from Economically Weaker Sections are eligible for a 25% concession on tuition fees. The concession is applied upon submission of the EWS certificate.
MCM: Merit-cum-Means students are eligible for a 50% concession on tuition fees. The concession is applied based on the merit rank and family income.
The university also offers merit-based scholarships for students who score above a certain percentile in the entrance exam. The scholarships are awarded based on the performance in the entrance exam and academic excellence.
Payment Procedures & Refund Policy
The payment procedures for the MBA program are designed to be convenient and secure. Students can make payments through various modes, including online banking, credit/debit cards, and demand drafts. The university provides a detailed payment gateway for secure transactions.
The payment deadlines are clearly communicated to students, and late fees are applicable for delayed payments. The late fee is calculated at 5% per month on the outstanding amount.
The refund policy is designed to ensure that students receive timely refunds for any overpayments or cancellations. The refund process is initiated within 30 days of the request, and the refund is processed through the same mode of payment used for the original transaction.